GLEN ARNOLD INVESTMENTS
What works in investment?
Learning from the masters
Accounting for investors: an introduction
· Day 1. What is risk?
· Day 2. Capital structure and cost of capital
· Day 3. Calculating intrinsic value – cash and bonds
· Day 4. Calculating intrinsic value - equities
· Day 5. Derivatives
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In the short-run, the market is a voting machine – reflecting a voter-registration test that requires only money, not intelligence or emotional stability – but in the long-run, the market is a weighing machine. Benjamin Graham